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40 N Main, Branford, CT 06405
   
40 N Main, Branford, CT 06405
INVEST,RETAIL,OTHER | restaurant | 2,716 Sqft

$799,000
824 Days on Market - Active


Major price adjustment for this development opportunity about two blocks from walmart, starbucks, chipotle and the new chase bank & aldi. this corner property is strategically located at a four-way traffic light intersection. there are currently three curb cuts and over 150 of frontage on route one with car count of nearly 17,000. currently there are two buildings on the property, a very popular and long-standing restaurant and another smaller standalone building for storage. over three quarters of an acre located in the favorable local business (bl) district. with site plan approval, permitted uses that include but are not limited to, bank, retail, medical, veterinarian, boat & marine sales, hotel. most auto uses including gasoline station and auto sales would require a special exception. a rare development opportunity within this dynamic & thriving area.

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Details
  • 2 Units
  • 0.79 Acres
  • Built in 1868

Sqft
  • 2716 Total Sqft
  • 1962 Sqft of Retail
  • 754 Sqft of Warehouse

Parking
  • 0 Total Spaces

Location
  • Corner Lot, Level Lot
  • 150 Frontage
  • USHWY,STRD

Business

    Financials
      - No Data -

    Utilities
    • Hot Air
    • Oil
    • Public Water
    • Public Sewers

    Taxes
    • $352,500 Assessment
    • 29.89 Mill Rate
    • $10,536 Taxes

    Source
    • CT Smart MLS
    • MLS ID 170461567

    Real Estate Agent


    Map of 40 N Main, Branford, CT 06405

    Directions to 40 N Main, Branford, CT 06405
    Route 1 - AKA North Main Street

    Go To Google Maps for Directions


    Mortgage Calculator
    Loan Type: 30yr Fixed   |   Interest Rate: 7.22%   |   Purchase: $799,000   |   Downpayment @ 20.00%: $159,800

    Mortgage Payment Estimate
    for a 30yr Fixed Rate Loan

    Monthly
    $5,225


    Monthly Cost Estimate: $5,225
    • Mortgage: $4,347
    • Taxes: $878
    • Insurance: $0
    • HOA: $0
    • Utilities: $0

    Yearly Cost Estimate: $62,706
    • Mortgage: $52,170
    • Taxes: $10,536
    • Insurance: $0
    • HOA: $0
    • Utilities: $0

    30yr Cost Estimate: $2,040,970
    • Mortgage: $1,565,090
    • Taxes: $316,080
    • Insurance: $0
    • HOA: $0
    • Utilities: $0
    • Downpayment: $159,800

    Go To Mortgage Calculator


    Sold Real Estate Similar to 40 N Main, Branford, CT 06405

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    This real estate listing for sale at 40 N Main is presently used as with 2716 total sqft and was built in 1868. It is located in the Branford, CT area with the 06405 zip code. For more info about the property at 40 N Main, Branford, CT 06405 or if you would like to schedule a showing, please contact the listing agent above.

    Data sourced from CT SMART MLS and was last updated January 01, 1970. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.